MORTGAGE & REALTY TRUST
8-K, 1995-08-25
REAL ESTATE INVESTMENT TRUSTS
Previous: PARKER HANNIFIN CORP, PRE 14A, 1995-08-25
Next: PURITAN BENNETT CORP, 15-12G, 1995-08-25




               SECURITIES AND EXCHANGE COMMISSION

                     WASHINGTON, D.C.  20549

                --------------------------------

                            FORM 8-K

                         CURRENT REPORT
             PURSUANT TO SECTION 13 OR 15(d) OF THE
                 SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):   August 18, 1995
                                                    ---------------

                    MORTGAGE AND REALTY TRUST                     
-------------------------------------------------------------------
     (Exact name of registrant as specified in its charter)

       Maryland                  1-6613          23-1862664       
-------------------------------------------------------------------
(State or other jurisdiction   (Commission      (I.R.S. Employer  
of incorporation)             File Number)   Identification No.)  
 
8380 Old York Road      
Suite 300
Elkins Park, Pennsylvania                            19117-1590   
-------------------------------------------------------------------
(Address of principal executive offices)             (Zip Code)  
  
Registrant's telephone number, including area code:  215/881-1525
                                                    ---------------

                              N/A                                 
-------------------------------------------------------------------
(Former name or former address, if changed since last report)







The Exhibit Index is located on Page 2.

<PAGE>      1


ITEM 5.   OTHER EVENTS.

     On August 18, 1995, Mortgage and Realty Trust, a Maryland real
estate investment trust (the "Registrant"), issued a press release
announcing that it had closed its consent solicitation for its
prepackaged plan of reorganization and filed a petition for the
commencement of a bankruptcy case in the United States Bankruptcy
Court for the Central District of California.  

     On August 22, 1995, the Registrant issued a press release
announcing that it has scheduled a hearing date of September 22,
1995 at 10:00 a.m. (PST) and will be held before the Honorable
Samuel L. Bufford.  Additionally, the United States Bankruptcy
Court has entered an order setting September 13, 1995 as the last
date for filing certain proofs of claim in the Registrant's chapter
11 bankruptcy case.

     Copies of the press releases are attached as exhibits hereto
and are incorporated by reference in its entirety herein.


                             EXHIBITS

     The following exhibits are filed as part of this report:

          Exhibit    Exhibit                           Sequential 
          Number     Description                      Page Number
          -------    -----------                      -----------

          20.1       Press Release dated 8/18/95           4
          20.2       Press Release dated 8/23/95           5

<PAGE>     2


                            SIGNATURES

         Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.

                                   MORTGAGE AND REALTY TRUST,
                                   a Maryland real estate investment trust
                                             (Registrant)


                                   By:  /s/Victor H. Schlesinger
                                        ------------------------
                                        Victor H. Schlesinger
                                        Chairman



Date:  August 25, 1995
       ----------------

<PAGE>     3





For Immediate Release:           Contact:  Daniel F. Hennessey
08-18-95                                   Chief Financial Officer
                                           (215) 881-1525


               MORTGAGE AND REALTY TRUST ANNOUNCES
             AGREEMENT IN PRINCIPLE ON RESTRUCTURING


     ELKINS PARK, PA. August 18, 1995 -- Mortgage and Realty Trust
(NYSE:MRT) announced today that it had closed its consent
solicitation for its prepackaged plan of reorganization and had
commenced a case under chapter 11 of the bankruptcy code to
implement the prepackaged plan of reorganization.  The company had
overwhelming support in the consent solicitation in favor of the
prepackaged plan of reorganization.  

     MRT is a self-administered real estate investment trust with
a portfolio of over 72 commercial, industrial and other real estate
assets.  MRT has offices in Elkins Park, Pennsylvania and Burbank,
California.


<PAGE>     4




For Immediate Release:           Contact:  Daniel F. Hennessey
08-22-95                                   Chief Financial Officer
                                           (215) 881-1525


                MORTGAGE AND REALTY TRUST OBTAINS
          HEARING DATE TO CONSIDER CONFIRMATION OF ITS 
               PREPACKAGED PLAN OF REORGANIZATION


     ELKINS PARK, PA.  August 23, 1995 -- At the request of
Mortgage and Realty Trust (NYSE:MRT), the United States Bankruptcy
Court for the Central District of California has scheduled a
hearing date to consider confirmation of MRT's prepackaged plan of
reorganization.  The hearing is scheduled for September 22, 1995 at
10:00 a.m. (PST) and will be held before the Honorable Samuel L.
Bufford.  The company had overwhelming support in the consent
solicitation in favor of the prepackaged plan of reorganization. 
Additionally, the United States Bankruptcy Court has entered an
order setting September 13, 1995 as the last date for filing
certain proofs of claim in MRT's chapter 11 bankruptcy case.

     MRT is a self-administered real estate investment trust with
a portfolio of over 72 commercial, industrial and other real estate
assets.  MRT has offices in Elkins Park, Pennsylvania and Burbank,
California.


<PAGE>     5



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission